View Our Homes a blog about Calgary and Area Real Estate en-ca (C) 1996-2019 Norm Rousseau & Sylvia Garrett MaxWell Realty 120 Thu, 21 Mar 2019 02:50:00 G3T Thu, 21 Mar 2019 02:50:00 G3T Thu, 21 Mar 2019 02:50:00 G3T <p>New listing $205,000<p>Beautifully UPDATED TOP FLOOR CORNER UNIT! This immaculate 2 bedroom unit with numerous windows provides lots of natural light. Recent upgrades include vinyl plank flooring, paint, baseboards, stainless appliances, new kitchen &amp; bathroom taps, new smoke and carbon monoxide detectors plus Hunter Douglas black out blinds in the living room and a water filtration system. The spacious master bedroom features a walk through closet &amp; ensuite bath. Good sized 2nd bedroom &amp; in-suite laundry &amp; storage. You will enjoy the warm weather on your private covered deck! Titled under ground parking, This complex is well maintained with a great management company. Conveniently located close to shopping, restaurants and public transportation. Condo fee includes water, sewer, heat &amp; electricity.<p><a href=""><img width="556" height="418" title="IMG_1840_LI" style="display: inline; background-image: none;" alt="IMG_1840_LI" src="" border="0"></a><p>Complete details:<p><a title="" href=""></a> 4302, 2280 68 Street N.E. Calgary Norm Rousseau Thu, 14 Mar 2019 10:15:40 G3T <p><a href=""><img width="584" height="756" title="HrddZNGB.jpeg" style="display: inline; background-image: none;" alt="HrddZNGB.jpeg" src="" border="0"></a></p> February 2019 Calgary Market Report Norm Rousseau Fri, 08 Mar 2019 04:05:46 G3T <p><strong>City of Calgary, March 1, 2019</strong> – The effects of Calgary’s economic climate continue to create weak sales activity and elevated inventory in the city’s housing market.<p>As a result, prices are being affected.<p>“It is not a surprise that slowing activity in the housing market has persisted into February,” said CREB® chief economist Ann-Marie Lurie.<p>“There has been no substantial change in the economic climate and concerns regarding potential layoffs in the energy sector are weighing on confidence.”<p>As of February, citywide benchmark prices were $414,400. This is nearly five per cent below last January, slightly lower than last month’s figures and over 10 per cent below highs recorded in 2014.<p>While the market remains oversupplied, slower sales and price declines do appear to be influencing sellers. New listings this month eased by eight per cent compared to last year for a total of 2,211 units. However, the 976 sales this month were not enough to substantially impact inventories levels, which remain elevated at 5,885 units.</p> Housing market feels the chill as oversupply continues Norm Rousseau Fri, 08 Mar 2019 03:23:36 G3T <p>Sunday March 10, 2019. Move your clocks ahead one hour.</p><p><a href=""><img width="485" height="283" title="Daylight-Savings" style="display: inline; background-image: none;" alt="Daylight-Savings" src="" border="0"></a></p> Daylight saving time Norm Rousseau Fri, 08 Mar 2019 03:17:37 G3T <p>When a mortgage stress test was first unveiled in late 2017 by the Office of the Superintendent of Financial Institutions (OSFI), it was to support the goals of keeping future Canadian homeowners’ financial “heads above water” and preventing “loose” lending. <a href=""><img width="165" height="165" title="Downward Trend" align="left" style="margin: 31px 29px 0px 0px; float: left; display: inline; background-image: none;" alt="Downward Trend" src="" border="0"></a>After more than a year in play, it is now apparent that the stress test is causing more harm than good, effectively closing a door in the faces of first-time homebuyers. The time has come for policy-makers to consider how to incentivize homebuyers in Canada, not penalize them. Ten per cent of Canadians no longer qualify for a mortgage with banks. Norm Rousseau Tue, 26 Feb 2019 03:54:40 G2T <p>By Gerald Vander Pyl - Feb 22, 2019<p>For many empty nesters, downsizing means selling the family home where they have lived for decades.<p>Every nook and cranny of the home contains vivid reminders of their life, from pencil marks on a wall to record the heights of growing children, to cherished photos of family and friends.<a href=""><img width="540" height="361" title="Family Home" align="left" style="margin: 14px 0px 0px; float: left; display: inline; background-image: none;" alt="Family Home" src="" border="0"></a><p><br><p><br><p><br><p><br><p><br><p><br><p>The emotions that are triggered when selling a family home are caused by the memories it contains, says registered psychologist Patrick Keelan. Navigating the emotionally fraught process of selling the family home Norm Rousseau Mon, 04 Feb 2019 05:33:20 G2T <a href=""><img width="475" height="241" title="quote-0003" style="display: inline; background-image: none;" alt="quote-0003" src="" border="0"></a><p><a href=""><br></a></p> Insight for Feb 4 2019 Norm Rousseau Sat, 02 Feb 2019 10:09:11 G2T <p>New Listing in Braeside SW <br>1,513 Square foot Bungalow with 21 X 24 sq ft garage </p><p><a href=""><img width="361" height="272" title="IMG_1774" style="display: inline; background-image: none;" alt="IMG_1774" src="" border="0"></a></p><p><a href=""><img width="361" height="272" title="IMG_1773" style="display: inline; background-image: none;" alt="IMG_1773" src="" border="0"></a></p><p>Detailed information:</p><p><a title="" href=""></a></p> Braeside Bungalow $439,900 Norm Rousseau Fri, 01 Feb 2019 06:08:54 G2T <p><strong>City of Calgary, February 1, 2019</strong> – <p>As economic challenges linger into 2019, housing markets remain on a sluggish pace.<p>January sales totalled 804 units, 16 per cent below last year and 21 per cent below long-term averages for the month.<p>"The slow start to the year does not come as a surprise, as concerns about job losses and the state of the energy sector weigh on consumers. We anticipate that the slow market conditions will persist throughout much of the first quarter," said CREB<sup>®</sup> chief economist Ann-Marie Lurie. <p>The number of new listings entering the market remained comparable to last year, but those levels far surpassed sales activity. This is resulted in further gains in inventory levels. Elevated inventories relative to sales caused months of supply to rise to nearly seven months. CREB Media release: New year kicks off with slow sales Norm Rousseau Wed, 30 Jan 2019 07:40:10 G1T <p>In this season of valentine bliss, many couples find themselves having that all-important heart-to-heart conversation about what they envision for their future together. If that future includes a view as to what your perfect love nest would look like, now’s the time to be honest about what each of your ideas, and ideals, are for your shared home.<a href=""><img width="397" height="320" title="Capture" align="left" style="margin: 9px 21px 0px 0px; float: left; display: inline; background-image: none;" alt="Capture" src="" border="0"></a><p>Put a pot of coffee on, pull up a chair, and get the discussion started.<p>- You might as well start with the tough stuff, and that means laying out your financial status, warts and all. This is the time for each of you to disclose your income, savings and credit score, and come clean on all your debts and financial obligations. You’ll also have to discuss how you intend to approach the purchase of the home and the costs to run it, whether that’s splitting all financial obligations down the middle or making some other arrangement. THE PERFECT PAIRING Norm Rousseau